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“In this way a mythical system of probable knowledge was employed to reduce the future to the same calculable status as the present. No one has ever acted on this theory. But even today I believe that our thought is sometimes influenced by some such pseudo-rationalistic notions.”

Keynes, John Maynard. "Some economic consequences of a declining

population." The Eugenics Review 29, no. 1 (1937): 13



“The idea of the future being different from the present is so repugnant to our conventional modes of thought and behaviour that we, most of us, offer a great resistance to acting on it in practice.”

Keynes, John Maynard. "Some economic consequences of a declining

population." The Eugenics Review 29, no. 1 (1937): 13



“On the one side are those who believe that the existing economic system is, in the long run, a self-adjusting system, though with creaks and groans and jerks and interrupted by time lags, outside interference and mistakes… On the other side of the gulf are those that reject the idea that the existing economic system is, in any significant sense, self-adjusting.”

Keynes, CW, xiii, p. 487



"Credit is the pavement along which production travels, and the bankers if they knew their duty, would provide the transport facilities to just the extent that is required in order that the productive powers of the community can be employed at their full capacity."

Keynes, CW, VI, p.197

CALL FOR PAPERS: THE ECONOMICS OF DEFLATION

The Review of Keynesian Economics (ROKE) is planning a special issue on “The economics of deflation.” Articles can address theory, policy, history, and country specific experiences. Papers are due May 1, 2014 and should not exceed 7,500 words, including bibliography. Decisions will be made by June 30, 2014. Revise & resubmit by September 30, 2014. This special issue will be published in January 2015 and will contain seven articles. If you would like to submit a paper for consideration, send us an e-mail to let us know. 


Please send to:

Louis-Philippe Rochon

Co-Editor, ROKE

lprochon2003@yahoo.com

JUST PUBLISHED: CHECK OUT THE LATEST ISSUE OF ROKE

The latest issue of Review of Keynesian Economics (Volume 1, Number 4, October  2013) has now been published. Two of the articles can be downloaded free of charge: “Basil J. Moore’s Horizontalists and Verticalists: an appraisal 25 years later,” by Ulrich Bindsell and Philipp J. König, and “Degree of monopoly and class struggle: political aspects of Kalecki's pricing and distribution theory,” by Fernando M. Rugitsky.

To download the free articles,   CLICK HERE

To subscribe to ROKE,   CLICK HERE

ROKE ANNOUNCES NEW BOOK REVIEW EDITOR

It is a great pleasure to announce that Virginie Monvoisin, an associate professor at the Grenoble Ecole de Management in Grenoble, France, is ROKE’s new Book Review Editor. She takes over from Louis-Philippe Rochon, who until now had to oversee book reviews along with his other responsibilities as the journal’s co-editor.


Before becoming a member of the Grenoble Ecole de Management’s Department of People, Organizations and Society, Monvoisin was an assistant professor at  Laurentian University (Canada). She obtained her Ph.D. with top honours at the University of Burgundy. Her Ph.D. dissertation was one of the first French theses on endogenous money.

Louis-Philippe Rochon, founding co-editor of ROKE, (above) and Virginie Monvoisin, the journal’s new Book Review Editor.



More broadly, her research interests are in the areas of monetary economics, macroeconomics and economic systems. Her research is currently on the behaviour of bankers. She has published in international academics journals and books in her main field of research. Among her recent publications are:


Monvoisin, V. (2013), ‘What’s the Use of Banks, especially after the Crisis?’, Review of Keynesian Economics, 1 (2), 195-209.


Ansart, S. and Monvoisin (2012), ‘The Banker, his Economic and Societal Function: History of a Fundamental and Infamous Activity’, in P. O’Sullivan (ed), Business Ethics: a critical approach, Oxford: Routledge, pp. 118-133.


Gnos, C., V. Monvoisin and J.-F. Ponsot (2010), ‘Regional Currencies and Regional Monetary Zones in Latin America: What Prospects? ’, Journal of Post Keynesian Economics, 32 (2), 173-185.

 

ROKE ADDS NEW MEMBER TO BOARD OF PATRONS

It is a great pleasure to announce that John Smithin, who has served on the  journal’s Editorial Board, has now become a member of the Board of Patrons.


Smithin has had a long and distinguished career. He is Professor of Economics in the Department of Economics and the Schulich School of Business, York University, Toronto, Canada, and has been on the faculty at York for three decades. He previously held teaching appointments at the University of Calgary and Lanchester Polytechnic (now Coventry University), in England. In the academic year 1995/1996, he was elected Bye Fellow at Robinson College, Cambridge University. He holds a PhD and MA from McMaster University and a BA (Hons) from the City of London Polytechnic (now London Metropolitan University).


Smithin’s research interests are in the fields of monetary theory, macroeconomic policy, and the philosophy of money and finance. He is the author of Essays in the Fundamental Theory of Monetary Economics and Macroeconomics (2013), Money, Enterprise and Income Distribution (2009), Controversies in Monetary Economics (2003, 1994), Macroeconomic Policy and the Future of Capitalism (1996), andMacroeconomics after Thatcher and Reagan (1990). He is the editor of What is Money? (2000), and has co-edited a number of volumes including Globalization and Economic Growth (2002), Money, Financial Institutions and Macroeconomics (1997), Economic Integration between Unequal Partners (1994) andKeynes and Public Policy after Fifty Years (1988). Smithin has also contributed about 80 research articles to academic journals and compendia.

ROME UNIVERSITY PROFESSOR JOINS EDITORIAL BOARD

We are pleased to announce that Maria Cristina Marcuzzo is now a member of the Editorial Board of ROKE.

 

Maria MarcuzzoMaria Cristina Marcuzzo is Full Professor in Economics, at the University of Rome, "La Sapienza".  She worked on classical monetary theory (co-author of Ricardo and the Gold Standard, Macmillan 1991); on the Cambridge School of Economics (co-editor of The Economics of Joan Robinson, Routledge 1996 and of Economists in Cambridge, Routledge 2005); on Keynesian economics (co-editor of The Return to Keynes, Harvard University Press 2010; co-editor of Keynesian Reflections, Oxford University Press 2013). A collected volume of some of her essays, Fighting Market Failure, has been published by Routledge, London, 2012.
 

NEWS

MINI SYMPOSIUM: 25TH ANNIVERSARY OF BASIL MOORE’S HORIZONTALISM AND VERTICALISM

Volume 1, Number 4

STUDENTS WILL RETHINK ECONOMICS AT SEMINAR IN FRANCE

ROKE is sponsoring a one-day seminar for students on September 26, 2013, inDijon, France. The theme is “Repenser l’economie” (“Rethinking economics”) and will feature presentations from, among others, Rod O’Donnell, Jean-Francois Ponsot, Virginie Monvoisin, Claude Gnos and Louis-Philippe Rochon.

ROKE CO-SPONSORS UPCOMING CONFERENCE IN MEXICO

ROKE is happy to co-sponsor a conference hosted by the National Autonomous University, Mexico (UNAM), September 5 - 6.


The theme of the conference, which Noemi Levy is organizing, is: “Neo-mercantilism, Income Distribution and Economic Growth: Policies Proppsals for Developing Economies.”


The conference programme to follow.